5/3/2025, 8:35:05 am

Stock Split: Coforge to divide one share into five; Here is how it works

Coforge Ltd. announced a stock split, dividing each ₹10 face value share into five ₹2 shares, subject to shareholder approval. The split is expected to be completed within three months, increasing outstanding shares from 6.68 crore to 33.43 crore. Additionally, Coforge acquired US-based Rythmos Transaction for $30 million, with potential milestone payouts.